#26 - Lyn Alden: Bitcoin is the Technological Solution We Need
Closing the Loop
Is There a Learning Curve for Taxation?
If everyone has complete and total discretionary privacy over their wealth, what happens to the institutions of government? How does the government know how much to tax you if they're not aware of the extent of your wealth? I mean, to my mind, and its course, is something that i often think about and discuss, it's quite transformative. It can potential effect the overall amount of taxation they can do. But it also directs the type of taxes that they have to emphasize more or less.
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